Negotiators from the European Parliament and EU member states on Tuesday reached an agreement to stop large retail groups of destroying unsold clothes and footwear. The rules are aimed at cracking down on the impact of "fast fashion" and reducing waste.  What we know

East West Media Group Limited (EWMGL), a concern of the country’s largest business conglomerate Bashundhara Group, has achieved the highest taxpayer status in “Print and Electronic Media” category for the 8th time in a row. A notification, signed by Senior Assistant

Gold prices soared to a record high above $2,100 on Monday as traders grow increasingly confident the Federal Reserve will cut interest rates in the new year. The precious metal struck $2,135.39 in early Asian trade, topping the previous all-time high set in 2020, during the pandemic.

The Bangladesh Energy Regulatory Commission (BERC) has increased the price of a 12kg liquefied petroleum gas (LPG) cylinder by Tk 117.02 to TK 1,404 for the month of December. In November, the price was increased by Tk 115.09 to TK 1,381.  BERC authority announced the new price

The country hosting COP28 climate talks aimed at cutting fossil fuel emissions is massively ramping up its own oil production, the BBC has learned. The United Arab Emirates' state oil firm Adnoc may drill 42% more by 2030, according to analysts considered the international gold

Jewellers hiked gold prices by Tk 1,750 per bhori today (November 26) which set a new record, with each bhori now priced at Tk 1,09,875 in Bangladesh. The new price will be effective from Thursday (Tomorrow), said a press release of the Bangladesh Jewellers' Association (BAJUS)

Gold and silver prices are just a bit higher in early U.S. trading Wednesday. February gold futures hit a six-month high overnight, while March silver notched a three-month high. The two precious metals are being boosted by increasingly bullish near-term technical postures. A recently

Federal Reserve Governor Christopher Waller has given gold prices a boost on Tuesday after a speech in which he listed several indications that inflation was indeed continuing to retreat back toward the central bank’s 2% target. Speaking at the American Enterprise Institute,

The human rights body Protection For Legal and Human Rights Foundation (PLHRF) on Wednesday (November 29) demanded a proper investigation into a loan scam of Tk 270 crore by Rongdhanu Group Chairman Rafiqul Islam. PLHRF also demanded to look into money laundering, embezzlement of bank

Saudi Arabia's Riyadh has won the right to host the 2030 World Expo, vote results showed, in another diplomatic victory for a Gulf country after the Qatar football World Cup last year. South Korea's Busan and Italy's Rome were also in the running to host the world fair, a

Climate change is already shaving billions off the world's economy, with developing countries hardest hit, according to a new report published Tuesday ahead of COP28 climate negotiations. The report by the University of Delaware estimated that impacts from human-caused climate

Gold prices climbed a six-month peak on Monday, supported by a weaker U.S. dollar and on bets that the Federal Reserve is done with its interest rate hike cycle, while the focus shifted to U.S. inflation data due later this week. Spot gold was up 0.5% at $2,010.99 per ounce by 0758

Rupayan City is set to introduce the country’s first smart-gated community under a project titled “Rupayaan North South City” in Bashundhara Residential Area of the capital. Local architectural firm Shatotto and Malaysian architectural firm ArchiCenterSdn Bhd have

Jewellers hiked gold prices by Tk 1,749 per bhori today (November 26) which set a new record, with each bhori now priced at Tk 1,08,125 in Bangladesh. The new price will be effective from Monday (Tomorrow), said a press release of the Bangladesh Jewellers' Association (BAJUS) today

Gold breached $2,000 per ounce multiple times this week, and prices hovered around that level Friday afternoon as U.S. traders roused themselves from their tryptophan-induced Thanksgiving torpor and returned to metals markets. The latest Kitco News Weekly Gold Survey sees retail

Gold prices are holding near session highs above $2,000 an ounce as preliminary indicators point to a further contraction within the manufacturing sector and neutral activity in the service sector. Friday, the S&P Global Flash U.S. manufacturing PMI data fell to 49.4, down from

As mainstream, leading financial institutions like Goldman Sachs downplay the likelihood of a U.S. recession in 2024, Tavi Costa, Partner and Macro Strategist at Crescat Capital, warns of a starkly different outlook. There is a profusion of macro indicators that point to a hard-landing

Gold price (XAU/USD) catches fresh bids on Thursday and sicks to its modest intraday gains through the first half of the European session, albeit tlacks follow-through.  The precious metal remains below the $2,000 psychological mark session, warranting caution for bullish traders

Gold prices edged up on Thursday as the U.S. dollar ticked lower, but bullion lacked impetus as investors remained on the sidelines in holiday-thinned trading with uncertainty around the Federal Reserve's rate path. Spot gold was 0.1% higher at $1,991.70 per ounce at 1308 GMT,

Coats Group PLC announces that it has been named one of the World's Best Workplaces 2023.  Fortune and Great Place to Work® annually select the top 25 companies that are dedicated to creating exceptional workplace cultures. The team at Coats has been recognised for its